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Article
Open AccessHow effective is central bank communication in emerging economies? An empirical analysis of the chinese money markets responses to the people’s bank of China’s policy communications
Central banks, in both developed and develo** economies, are responding to the increased demand for transparency in monetary policy formulation and implementation. It is argued that central bank communicatio...
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How important is the financial sector to price indices in an inflation targeting regime? An empirical analysis of the UK and the US
This paper investigates whether there are benefits in terms of higher economic stability from incorporating stock prices into the price index targeted by the central banks. It also looks into the question of w...
